Neste Oyj (OTCMKTS:NTOIY) Shares Up 2.2% – Still a Buy?

Shares of Neste Oyj (OTCMKTS:NTOIY) were up 2.2% during mid-day trading on Monday . The stock traded as high as $7.35 and last traded at $7.35. Approximately 223,131 shares changed hands during trading, an increase of 125% from the average daily volume of 99,273 shares. The stock had previously closed at $7.19.

Neste Oyj Trading Up 2.2 %

The stock has a 50-day simple moving average of $8.49 and a 200 day simple moving average of $9.62.

Neste Oyj Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, October 24th. Investors of record on Wednesday, October 2nd were paid a dividend of $0.3348 per share. The ex-dividend date of this dividend was Wednesday, October 2nd. This is a positive change from Neste Oyj’s previous dividend of $0.33. Neste Oyj’s dividend payout ratio (DPR) is presently 45.88%.

Neste Oyj Company Profile

Neste Oyj provides renewable diesel and sustainable aviation fuel in Finland, and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, sustainable aviation fuel, renewable solvents, and feedstock for bioplastics to wholesale markets.